We have audited the accompanying Statement of Quarterly and Year to Date Standalone
Financial Results of MOUNT HOUSING AND INFRASTRUCTURE LIMITED ("the
Company") for the quarter and year ended 31s1 March.2025 being submitted by the Company
pursuant to the requirement of Regulation 33 of the SHB1 (Listing Obligations and Disclosure
Requirements) Regulations. 2015. as amended ("the Listing Regulations").
In our opinion and to the best of our information and according to the explanations given to us.
the Standalone Financial Results for the Year ended 31'1 March. 2025:
i. Is presented in accordance with the requirements of Regulation 33 of the Listing
Regulations in this regard: and
ii. Gives a true and fair view in conformity with the recognition and measurement
principles laid down in the Indian Accounting standards and other accounting principles
generally accepted in India of the net profit/loss and other comprehensive income and
other financial information for the year then ended.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under
section 143(10) of the Companies Act. 2013 ("the Act"). Our responsibilities under those
Standards are further described in the Auditor's Responsibilities tor the Audit of Standalone
Financials results section below. We are independent of the Company in accordance with the
Code of Ethics issued by the Institute of Chartered Accountants of India ("the 1CAI") together
with the ethical requirements that are relevant to our audit of the Standalone financial Results
for the year ended 31'1 March. 2025 under the provisions of the Act and the Rules thereunder,
and we have fulfilled our other ethical responsibilities in accordance with these requirements
and the ICAFs Code of Ethics. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our opinion.
Responsibilities of the Management and Board of Directors for this Statement
This accompanying Statement which includes the Standalone Financials Results for the year
ended 31sl March. 2025 is the responsibility of the Company's Board of Directors and has been
approved by them for issuance. The Standalone Financial Results for the year ended 31st
March. 2025 has been compiled from the related audited standalone financial statements. This
responsibility includes the preparation and presentation of the Standalone Financial Results for
the quarter and year ended 31st March, 2025 that gives true and fair view of the net profit/loss
and other comprehensive income and other financial information in accordance with the
recognition and measurement principles laid down in Indian Accounting Standard 34. ‘Interim
Financial Reporting' prescribed under Section 133 of the Act read with relevant rules issued
thereunder and other accounting principles general!) accepted in India and in compliance with
Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of
adequate accounting records in accordance with the provisions of the Act for safeguarding of
the assets of the Company and for preventing and detecting frauds and other irregularities:
selection and application of appropriate accounting policies: making judgments and estimates
that are reasonable and prudent; and design, implementation and maintenance of adequate
internal financial controls that were operating effectively for ensuring the accuracy and
completeness of the accounting records, relevant to the preparation and presentation of the
standalone financial results that give a true and fair view and are free from material
misstatement, whether due to fraud or error.
In preparing the Statement, the Board of Directors are responsible for assessing the Company's
ability to continue as a going concern, disclosing, as applicable, matters related to going
concern and using the going concern basis of accounting unless the Board of Directors cither
intends to liquidate the Company or to cease operations, or has no realistic alternative but to
do so.
The Board of Directors are also responsible for overseeing the Company's financial reporting
process.
Auditor’s Responsibilities for the Audit of the Standalone Financial Results for the year
ended 31st March, 2025
Our objectives are to obtain reasonable assurance about whether the standalone financial results
for the year ended 3Ist March. 2025 as a whole are free from material misstatement, whether
due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable
assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with SAs will always detect a material misstatement when it exists. Misstatements
can arise from fraud or error and are considered material if. individually or in the aggregate.
they could reasonably be expected to influence the economic decisions of users taken on the
basis of these Annual Standalone Financial Results.
As part of an audit in accordance with SAs. we exercise professional judgment and maintain
professional skepticism throughout the audit. We also:
• Identify and assess the risks of material misstatement of the Annual Standalone Financial
Results, whether due to fraud or error, design and perform audit procedures responsive to
those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis
for our opinion. The risk of not detecting a material misstatement resulting from fraud is
higher than for one resulting from error, as fraud may involve collusion, forgery, intentional
omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing
an opinion on the effectiveness of the company "s internal control.
• Evaluate the appropriateness of accounting policies used and the reasonableness of
accounting estimates made by the Board of Directors.
• Evaluate the appropriateness and reasonableness of the disclosures made by the Board of
Directors in terms of the requirements specified under Regulation 33 of the Listing
Regulations.
• Conclude on the appropriateness of the Board of Directors' use of the going concern basis
of accounting and. based on the audit evidence obtained, whether a material uncertainty
exists related to events or conditions that may cast significant doubt on the Company's
ability to continue as a going concern. If we conclude that a material uncertainty exists,
we are required to draw attention in our auditor's report to the related disclosures in the
Annual Standalone Financial Results or. if such disclosures are inadequate, to modify our
opinion. Our conclusions are based on the audit evidence obtained up to the date of our
auditor's report. However. future events or conditions may cause the Company to cease to
continue as a going concern.
• Evaluate the overall presentation, structure and content of the Annual Standalone Financial
Results, including the disclosures, and whether the Annual Standalone Financial Results
represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the
planned scope and timing of the audit and significant audit findings, including any significant
deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with
relevant ethical requirements regarding independence, and to communicate with them all
relationships and other matters that may reasonably be thought to bear on our independence
and where applicable, related safeguards.
Other Matter
The Statement includes the results for the quarter ended 31s1 March. 2025 being the balancing
figures between the audited figures in respect of the full financial year and the published
unaudited year to date figures up to the third quarter of the current financial year which were
subject to limited review by us. as required under the Listing Regulation. Our opinion on the
Audit of the Standalone Financials Results for the year ended 31st March. 2025 is not modified
in respect of this matter.
For RAJA & RAMAN
Place: Coimbatore chartered accountants
FRN 003382S
Date: 30.05.2025
UDIN: 25255275BMKNBZ5852
M.No:255275 .
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